Jane Street Group LLC Buys 36,990 Shares of WSFS Financial Co. (NASDAQ:WSFS)

Jane Street Group LLC increased its position in WSFS Financial Co. (NASDAQ:WSFS - Free Report) by 47.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 114,154 shares of the bank's stock after buying an additional 36,990 shares during the period. Jane Street Group LLC owned 0.19% of WSFS Financial worth $5,821,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its holdings in shares of WSFS Financial by 5,000.0% during the 3rd quarter. International Assets Investment Management LLC now owns 918 shares of the bank's stock valued at $47,000 after purchasing an additional 900 shares in the last quarter. GAMMA Investing LLC increased its position in WSFS Financial by 41.8% during the third quarter. GAMMA Investing LLC now owns 1,451 shares of the bank's stock worth $74,000 after buying an additional 428 shares during the last quarter. Innealta Capital LLC bought a new position in WSFS Financial during the second quarter valued at about $114,000. SG Americas Securities LLC acquired a new stake in shares of WSFS Financial in the third quarter worth about $127,000. Finally, Ascent Group LLC acquired a new stake in shares of WSFS Financial in the second quarter worth about $201,000. Institutional investors own 88.49% of the company's stock.

WSFS Financial Stock Performance

Shares of WSFS Financial stock traded down $0.05 during trading on Monday, reaching $58.08. The company's stock had a trading volume of 238,206 shares, compared to its average volume of 274,532. The firm has a market cap of $3.42 billion, a price-to-earnings ratio of 13.26 and a beta of 1.06. The business's fifty day moving average price is $55.22 and its 200-day moving average price is $51.79. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.86 and a current ratio of 0.86. WSFS Financial Co. has a one year low of $40.19 and a one year high of $62.75.

WSFS Financial (NASDAQ:WSFS - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The bank reported $1.08 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.02. The company had revenue of $267.61 million during the quarter, compared to the consensus estimate of $260.35 million. WSFS Financial had a return on equity of 10.56% and a net margin of 18.78%. The company's quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company earned $1.23 EPS. As a group, equities research analysts predict that WSFS Financial Co. will post 4.27 earnings per share for the current year.

WSFS Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend was Friday, November 8th. WSFS Financial's dividend payout ratio (DPR) is currently 13.70%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Janney Montgomery Scott reissued a "neutral" rating on shares of WSFS Financial in a research note on Monday, October 28th. Keefe, Bruyette & Woods reissued a "market perform" rating and issued a $54.00 price target (down previously from $58.00) on shares of WSFS Financial in a research report on Tuesday, October 29th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $59.75.

WSFS Financial Profile

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.